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$375,952

8223 Summer Lake Pass Ln, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,629 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.95 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,330 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN7585-05-001-0030-901
Lot Number3
SubdivisionSummer Lakes Sec 5
Land UseResidential
Legal DescriptionSUMMER LAKES SEC 5, BLOCK 1, LOT 3
Census Tract675502
Assessed Land Value$37,050
Assessed Improvement Value$338,902
Assessment Year2025

About this property

Beautiful 1.5 story home filled with upgrades and natural light. The exterior offers a covered front porch and stone elevation leading into an open floor plan. Features include 4 bedroom, 3.5 bathroom with one of the bedrooms having a double pane door that could be used as a home office.The upstairs game room (or optional 5th bedroom/guest suite) with a full bath. Formal dinning and a gourmet kitchen with lots of cabinetry, stainless steel appliances and a breakfast bar that opens to a bright living room. The primary suite offers soaking tub, separate shower, dual vanities and large walk-in closet. Secondary bedrooms and baths are well positioned for privacy. Enjoy outdoor living with covered patio overlooking a landscaped yard with sprinkler system. Minutes from the Brazos Town Center, Highway 59 and ten minutes to the Smart Financial Center. Move-in ready and a must see!

Investor Tools

Property Icon
$375,952
Estimated Property Value
$161,899Estimated Mortgage Balance
$227,829Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,878
$375,952
2025
$37,050
$338,902
$375,952
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,878
$375,952

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$161,899
No
First
Nov 12, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,123
$227,829
60%
39%
$971/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$971/mo
+$1,329/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richmond

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8223 Summer Lake Pass Ln | Property Details | No Agent List